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Where does all of the ACC TV money go?
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[QUOTE="javadoc, post: 1217671, member: 338"] What is the cost of a scholarship? $50K? $10M/$50K = 200. Do we have that many scholarship athletes? Men's football + hoops gives you almost 100. Where do the rest go? And how the heck do we balance out Title IX concerns? Do we have 100 female athletes on scholarship? This bit is worth excerpting: "[I]The SBC met with Terry Donovan, the Deputy Athletic Director and CFO, to discuss the current budget status of the Athletic Department. Despite reports to the contrary, SBC was informed the Athletic Department has not received significant additional revenues from inclusion in the ACC beyond what was budgeted. As a consequence, there does not appear to be additional funds to pay back the Big East exit fee earlier in this year’s budget. Further, [B]the Athletic Department budget is projected to be in deficit for this fiscal year[/B] which further reduces the overall fund balance for this responsibility center.[/I]" Fire away, folks. After the threads in the last two weeks about how we should be using our windfall to pay the football coaches more, well, there you go. We're actually in the red. Question is, why? And how do we reconcile that with the trend in the recent Title IX reporting? [/QUOTE]
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Where does all of the ACC TV money go?
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